8, TERN CLOSE, HYTHE, SOUTHAMPTON, SO45 3GE - £231,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 TERN CLOSE is a midsized detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £358,686. It was last sold for £231,000 in August 2007, which was around 37% below the average August 2007 detached price in the New Forest local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

8 TERN CLOSE Sold Prices

Land registry data shows one sale for 8 TERN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the New Forest local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 31 AUG	£231,000	£367,166	37% below HPI

What might 8 TERN CLOSE be worth now?

8 TERN CLOSE might now be worth an estimated £358,686.

This is based on house price inflation of 55.3%, between August 2007 and May 2026, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.3% inflationary increase is applied to the most recent sale price for 8 TERN CLOSE of £231,000 on 31st August 2007. For the value to have increased from £231,000 to £358,686 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 8 TERN CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2007 sale price of £231,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TERN CLOSE has not materially changed since August 2007.

How Large is 8 TERN CLOSE?

8 TERN CLOSE is 94m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 8 TERN CLOSE lies on this distribution: 43% of detached houses are smaller than 8 TERN CLOSE, and 55% of detached houses are larger. Note that EPC data is not available for all properties in Hythe.

8 TERN CLOSE: Plot

8 TERN CLOSE sits on a plot of roughly 0.077 of an acre, or 313m².

Where is 8 TERN CLOSE?

8 TERN CLOSE is located in HYTHE, in the SO45 postcode district.